Finance Manager

Handling Audits, Ensuring Internal controls are in place and effective, Factory cost Management and Inventory Management.

Role& Responsibilities:

• Maintenance of books of accounts to ensure books are updated regularly with accuracy on accrual basis.
• Closure of Books of Accounts on a monthly basis, with proper estimation of Provisions by 3rd date of every month
• Import duty payments vs tax credit claiming
• Analysis of expenses actual vs budgeted and sharing report to respective dept
• Inventory Analysis on a monthly basis, to analyze slow moving, obsolete stock - consumption accounting as per pattern confirmed by operations team
• Analysis of purchase price trends for critical Raw Materials, Highlighting the impact on Product gross margins.
• Analysis of Fixed expenses Vs budget, analysing the reason for variations, recommending solutions to control expenses
• Ensure proper accounting between Capital & Revenue expenses
• Job work charges with respective products and compliance as per GST
• Authorisation of Export invoices to Ensure Duty Draw back, Advance Authorisations and other Custom document compliance
• Approval of Price change or Customer pricing in ERP
• Vendor Advance management - Bills accounting & taxation
• Creditors ageing analysis in periodical
• Cash flow statement submission on fortnight basis
• Fixed Assets register maintenance
• Fixed Assets verification twice in a year Sep/Mar
• Analysis of Factory expenses trends and controls from security inward to dispatches
• Periodic Account confirmations with Business Partners - confirmation on half yearly
• Creation of GL master and Material Master in ERP
• Credit Control on Billing, requesting for approval to release credit lock
• Implementation of IFCS
• Internal audit - Conduct detailed audit procedures to control the leakages of expenses & process

Education :

CA/CMA/CA Inter/ MBA with relevant years of Experience will be considered.